Managing General Agency
Excess and Surplus Lines Broker

The Intersection : J.M. Wilson Blog

The Quick & Easy Rundown of Admitted vs. Non-Admitted Insurance

Posted by Elizabeth Sundburg on Sep 29, 2015 11:30:00 AM


"Admitted" and "non-admitted"...

If you've ever wondered what these words really mean in the insurance industry, or if you feel like you've never quite narrowed-down exactly what the difference is between the two, you're not alone.

To help clear it up, here's a quick, simple, and easy guide. No fluff, no nonsense, no bulky paragraphs to sift through - just simple and easy to read bullet points that highlight the key components of admitted and non-admitted insurance.


Read More

Topics: admitted insurance markets, non-admitted insurance markets

Everything You Need to Know about Home Valuation Methods

Posted by Cheryl Gleason on Sep 22, 2015 10:30:00 AM

A home is often the biggest purchase a person will ever make, which is why soon-to-be homeowners are serious about protecting their investment. Here is some important information to consider when determining the proper coverage amount for their home.

Read More

Topics: high value home insurance, high value homes, valuation

How a Big Mac Can Help You Sell More Insurance

Posted by Elizabeth Sundburg on Sep 15, 2015 11:30:00 AM

Have you ever seen a commercial on TV that was so good, you actually had to stop and watch it again? And, if it's REALLY good, do you bookmark it on YouTube so you can pull it up at a moment's notice to urge your friends, family, and co-workers to watch it too? 

Confessions of an insurance marketing geek: From TV commercials to print ads, and everything in between, I am constantly dissecting and analyzing advertisements. I guess to most people it might seem a little bit excessive (and maybe even a little weird) to be that intrigued by a commercial - but marketing is what I do. For me, it's hard not to notice the marketing efforts of others. 

So, how does this odd marketing quirk of mine help you? 

Read More

Topics: insurance, Insurance Tips, Marketing, sales, selling

Searching for Hidden Treasure - Insuring Collectibles

Posted by Charles Williams on Sep 8, 2015 10:30:00 AM

We’ve all seen or at least heard of “The Antiques Roadshow” television program, where people come from all over the country to get their personal property appraised by professionals to find out how much it's worth. They do this hoping to find that their family heirloom or garage sale bargain is actually a rare and valuable collectible. Shows like this have created a whole new subculture in search of valuable items found in the perfect estate sale or storage unit. Whenever I go to an estate or garage sale I’m constantly searching the internet to see the true value of items I think may be worth purchasing - and I’m not the only one that's doing it. This resurgence of collecting provides a great opportunity for the insurance industry not only to properly insure our client’s property, but to provide an exceptional experience that will create a customer for life.

Read More

Topics: collectibles, insuring, valuables

The .sucks Domain - Branding Nightmare or Marketing Opportunity?

Posted by Elizabeth Sundburg on Sep 1, 2015 11:00:00 AM

A website domain for your business that ends in ".sucks" immediately sounds like a terrible idea. I mean, who would really want to associate any sort of negativity with their brand, right? Interestingly enough, that's exactly why this domain is spreading like wildfire. Thousands of companies, including big names like Amazon, Facebook, Salesforce, and Google are snatching up a .sucks domain for their own brand - before someone else does. 

Read More

Topics: Marketing, branding

Top 10 Flood Facts Your Insured Needs to Know

Posted by Cheryl Gleason on Aug 25, 2015 11:00:00 AM


Did you know that every state in the U.S. experienced some type of flooding or flash flood within the past five years? I didn't!

It just goes to show that even homeowners who do not live near a body of water can be exposed to costly and dangerous flood risks. Even where it's least expected, a heavy rain, severe thunderstorm, or snow melting from the mountaintops hundreds of miles away can be enough to make flood waters rise. With that, many people are under the impression that insurance for flooding is included in their standard homeowner's policy; however, unless a homeowner has purchased separate coverage or added it to their existing policy, flood damages are likely not covered. 

Here are some more interesting flood facts that might take you by surprise - and if they do, imagine how surprising and valuable these facts may be to a current or prospective client!


Read More

Topics: flood insurance, flood facts

Straight from the Underwriter's Mouth: How to Get Your Quote in the Fast Lane

Posted by Erin Dey on Aug 18, 2015 11:30:00 AM

After you've submitted a risk, is it possible to get a quote back too soon? Probably not. Time is always of the essence. If you want to send your application to the top of the stack on an underwriter's desk and bind coverage even faster, you might want to keep this blog post bookmarked.

Read More

Topics: Insurance Tips, underwriting, binding, tips

Don't Be Alarmed if Your E&S Policy is "Seeing Red"

Posted by Sandi Fritz, CIC, TRS on Aug 11, 2015 10:30:00 AM

It's easy to understand why a person might feel alarmed when they see something stamped in bright red ink on the front of an important document; after all, there's a reason the text is big, bold, and red. 

Now, you can imagine how someone's concerns are amplified when that important document happens to be an insurance policy and the stamped ink includes words like, "not licensed", "insolvency", and “payment of claims may not be guaranteed”. 

Insurance policies are supposed to create a sense of security and peace of mind - so what's with all of this intimidating red ink and "scary" wording?   

Read More

Topics: insurance policy, red stamp, Insurance Laws, E&S, E&S policy

How to Go from "Un-Bondable" to "Bondable" with a Line of Credit

Posted by Steve Kuykendall on Aug 4, 2015 11:30:00 AM

Of course we all strive to receive a favorable credit score and maintain immaculate financial history, but it doesn't always work out that way for everyone. This can be especially frustrating when trying to obtain a bond for a commercial contractor with less-than-perfect financials. 

A contractor may have longevity in business, good character, decent credit, good experience, and a good relationship with a bank, but if his business financials don't show any working capital, he'll probably be declined by most bond companies for bid or performance bonding...but don't give up yet.

Read More

Topics: Surety, bonds, surety bonds, sba bonds, credit, financial history

The Top 5 Trending Topics to Read Up On

Posted by Elizabeth Sundburg on Jul 28, 2015 10:30:00 AM

So many blogs, so little time. To make it easier, we've sorted through all of the articles that our authors have published so far this year to bring you our top 5 most read blog posts. 

We like to think of it as a “greatest hits” compilation of the most popular industry topics and trends that have been talked about in recent months, all combined into one short list so you can stay focused and hone in on what's important. 

Read More

Topics: transportation, Marketing, sales, tenant discrimination, artisan contractor, general contractor, liquor liability, construction manager, host liquor liability, cover letters

Disclaimer: This article is for informational purposes only. There is no legal advice being suggested or proffered. The author assumes no responsibility or liability for the actions taken or not taken by the readers based upon such information. This article is the opinion of the author and is not supported or endorsed by J.M. Wilson. It should not be relied upon and may contain inaccuracies or content may have changed over time, contact your underwriter for the most current and accurate information. Any comments or responses are the opinions of their authors. Content on this site is believed to be covered under Fair Use.

 Legal  | Copyright  J.M. Wilson Corporation

Subscribe via E-mail

Recently Published Blog Articles

Subscribe to the JMW Blog